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The quarter, short for quarter dollar, is a Canadian coin worth 25 cents or one-fourth of a Canadian dollar.It is a small, circular coin of silver colour. According to the Royal Canadian Mint, the official name for the coin is the 25-cent piece, but in practice, it is usually called a "quarter", much like its American counterpart.
In 1867, the Colony of British Columbia enacted a statute to implement decimal currency based on the United States dollar. The statute provided that all government accounts would be kept in dollars and cents and established rates of exchange for the various coins then in circulation, at the rate of £1 equal to $4.85.
In 1937, there was a pressing demand for 1¢, 10¢, and 25¢ coins, but, as the Royal Canadian Mint was waiting for new tools and matrices to arrive from the Royal Mint, the decision was made to strike coins dated 1936, but a dot would be added in the area near the date to indicate that the coins were struck in 1937.
The quantity of the large bust has never been confirmed but most publications on Canadian coins estimate that there are approximately 10,000 of these coins. The 1999 Millennium series of 25-cent pieces included the bust of a Mountie on each of the January and July issues. [2] Unlike the twenty-five cent coin, the Silver Dollar had the same obverse.
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
75% copper 25% nickel N/A Coat of Arms: Value 1976: United States and others: USD: 24.3 mm N/A 5.7 g 75% copper 25% nickel Reeded George Washington: Eagle: 2022: Zimbabwe: N/A 23.0 mm N/A 4.8 g Nickel-plated steel N/A RBZ in various positions with coin date Enclosed in circle with "25" surrounded by "TWENTY-FIVE CENTS BOND COIN" 2014
Spanish dollars and U.S. dollars were also in use, and from 1841 to 1858, the exchange rate was fixed at $4 = £1 (or 400¢ = 240d). This made 25¢ equal to 15 d , or 30 halfpence ( trente sous ). After decimalization and the withdrawal of halfpenny coins, the nickname sou began to be used for the 1¢ coin , but the idiom trente sous for 25 ...
The twenty-five cent coin has borne a caribou on its reverse since the current coin designs were introduced in 1937. [2] The twenty-five cent coin is the coin which is most frequently used for commemorative purposes. For the list of commemorative twenty-five cent coins issued by the Mint, see: Quarter (Canadian coin).